Profile Changes

Profile Changes - Complying to licensing conditions

In
terms of the conditions on authorised financial service providers any changes to
the information submitted during the application process must be communicated to the
registrar within 15 days of such a change.

The updated information must be sent to the registrar on the prescribed FSP1-14
forms. The information can be e-mailed to faispfc@fsb.co.za or faxed to (012) 422 2973, for
attention FAIS Profile changes. An acknowledgement of receipt will be sent
to the FSP that must be kept as it contains reference numbers for queries.

Please note that in terms of section 13 of the Act the FSP appoints representatives and
they must only notify the Registrar of the appointment. It is the FSP's responsibility to
ensure that the representatives complies with the fit and proper requirements.

Debarment of a representative please submit a letter with full reasons of the debarment. If
the debarment is submitted through the Excel Spreadsheet please send a letter with the
full reasons in a separate e-mail.

Key individuals

Appointment of a new key individual submit a
FSP
4 form and certified copies of qualifications

Fee of R817 for change of the external compliance practise or internal compliance officer
or for the appointment of a compliance officer is applicable

Please note that if a compliance officer resigns a letter of resignation must be send to
the Registrar by the compliance officer stating the reasons for the resignation. The FSP
must immediately apply for the appointment of a new compliance officer

Please note that before a compliance officer can be approved to act for a specific FSP the
compliance officer must first be approved (Contact the call centre to obtain a compliance
officer number)

Please note that if an auditor resigns a letter of resignation must be send to the Registrar
by the auditor stating the reasons for the resignation. The FSP must immediately
apply for the appointment of a new auditor

Request for new licence certificate or certified copy of licence certificate

Letter requesting a new licence certificate or certified copy of the licence certificate